Saturday Star

budget 2024 Godongwana’s ‘shadow boxing’ masks deep financial crisis

Minister of Finance Enoch Godongwana is proud of his trade union background but one thing he had not told us before is that, coming from the Eastern Cape boxing environment, he is also a master of shadow boxing, judging by the manner in which he delivered his 2024 Budget speech.

This was a speech that was highly anticipated, given that it was going to be presented before this year’s national and provincial elections when a combination of more than 350 political parties and/or independent political wannabes are promising lots of freebies, as if money grew on trees.

The major challenges facing the finance minister with the Budget were the economic woes facing the country owing to the problems caused

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